Welcome to Fibre2fashion.com    
fibre2fashion
Pilbloc
Textile | Apparel |  Fashion | Technology | Technical Textiles  | Corporate | Associations Android app on Google Play Android app on Google Play
 
Home >> News
 

Cache commences public offering of $14mn

May 28, 2014 (United States Of America)

Cache, Inc., a specialty chain of women’s apparel stores, announced that it intends to offer and sell, subject to market and other conditions, $14.0 million of its common stock in a public offering.
 
Cache intends to grant the underwriter a 30-day option to purchase up to an aggregate of 15% of the amount of common stock offered. Cache expects to use the net proceeds from the offering for working capital and general corporate purposes.
 
In connection with the offering, B. Riley & Co., LLC is acting as the sole underwriter. The offering of these securities will be made only by means of a prospectus and related prospectus supplement, copies of which can be obtained, when available, from B. Riley & Co., LLC, 11100 Santa Monica Blvd., Suite 800, Los Angeles, California 90025.
 
About Cache, Inc.
Cache is a nationwide, mall-based specialty retailer of apparel and accessories. Cache offers a boutique shopping experience for stylish and fashion-conscious women with a product line consisting of elegant evening wear, event and day dresses, casual sportswear and accessories, primarily sold under the Cache brand- everything to meet the events and lifestyle needs in a woman's life. Cache currently operates 239 stores, primarily situated in central locations in high traffic, upscale malls in 41 states, the Virgin Islands and Puerto Rico.
 

Cache
More Cache Inc News...
More Apparel/Garments News - United States Of America...

 
Email this
Story
Print this
Story
Letter to
Editor
Sign Up for
News Letter
Search
Companies
 
 
  RSS